A number of other brokerages have also weighed in on DTE. Barclays set a €23.50 ($27.65) target price on Deutsche Telekom in a research report on Wednesday, September 8th. Credit Suisse Group set a €21.00 ($24.71) price target on Deutsche Telekom in a report on Thursday, September 16th. Nord/LB set a €21.00 ($24.71) price target on Deutsche Telekom in a report on Wednesday, September 8th. Kepler Capital Markets set a €24.00 ($28.24) price target on Deutsche Telekom in a report on Thursday, August 12th. Finally, UBS Group set a €24.20 ($28.47) price target on Deutsche Telekom in a report on Wednesday, October 6th. Fourteen analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of Buy and an average target price of €23.20 ($27.29).
Shares of FRA:DTE opened at €16.38 ($19.27) on Thursday. Deutsche Telekom has a twelve month low of €12.72 ($14.96) and a twelve month high of €18.13 ($21.33). The stock’s 50 day moving average is €17.76 and its 200-day moving average is €17.38.
Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through five segments: Germany, United States, Europe, Systems Solutions, and Group Development. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.
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